3-bedroom terraced house · SP11 6WL
Sold STCListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Locksbridge Road in Picket Piece, Andover, this three-bedroom home offers comfortable and modern living space arranged over two floors, alongside a single garage and additional off-street parking.
The ground floor is accessed via an entrance hall which provides access to the principal rooms. To the front, the kitchen/dining room provides space for both cooking and dining.
The kitchen is fitted with a range of wall and base units, worktop space, and room for appliances, while the dining area provides room for dining furniture, offering an inviting space for hosting guests.
To the rear of the property, a living room spans the width of the property and offers a comfortable space for relaxing or entertaining. French doors provide access to the rear garden.
A ground floor WC is also positioned off the hallway. Upstairs, the first floor comprises three bedrooms. The principal bedroom benefits from built-in storage and an en-suite shower room.
Bedroom two is a double room, while bedroom three offers in-built storage and is suited to use as a single bedroom, nursery, or study, depending on individual needs.
A family bathroom, fitted with a bathtub, basin, and WC, serves the remaining bedrooms.
Externally, the property offers a rear garden over two levels, providing space for outdoor seating and entertaining.
A detached garage is also provided, offering convenient storage or parking space, with additional off-road parking available.
The property is situated within the popular development of Picket Piece, providing access to a selection of local amenities, with further facilities available in Andover, along with transport links and access to surrounding road networks such as the A303.
Please note, there are management charges of approx. £220.00 per annum.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Locksbridge Road, Picket Piece, Andover, SP11 6WL
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